2 Left-Field Cryptocurrencies to Diversify Your Portfolio – Crypto.com Coin and Seesaw Protocol
by Analytics Insight
February 3, 2022
Investors are looking for the top cryptocurrencies to diversify their portfolios seamlessly
Most crypto enthusiasts will probably be invested in the big players, such as Bitcoin, Ethereum and Solana, but a good portfolio should always consist of a couple of outliers that can help investors diversify. Crypto.com Coin and Seesaw Protocol are two up-and-coming, unique cryptos that could offer holders huge upside.
Seesaw Protocol (SSW)
Seesaw Protocol will serve as a link between Binance’s Smart Chain, Polygon, and Ethereum.
According to its creators, Seesaw Protocol enables users to conduct cross-chain swaps at the best possible rates by utilising multiple blockchains. This gives SSW an advantage over other cryptocurrencies such as Bitcoin, Ethereum, and Solana, which are only compatible with their respective blockchains.
DeFi’s have quickly gained prominence as one of the most significant trends in the world of cryptocurrencies. The total value locked up across leading protocols reached a record high of $236 billion in October 2021, and PwC economists forecast that blockchain technologies will boost global GDP by $1.76 trillion USD by 2030. By providing a link between DeFi ecosystems, Seesaw Protocol is ideally positioned to capitalise on this still-developing market.
Seesaw’s presale will begin next week, providing investors with an excellent opportunity to invest early. As history has repeatedly demonstrated with Solana, Avalanche, and Polkadot, investing early in a cryptocurrency can result in massive rewards.
Each transaction on the Seesaw Protocol will incur a fee, with each purchase of SSW incurring a 3% fee and each sale incurring a 5% fee. This is advantageous for holders because the 3% is redistributed to existing SSW holders. On PancakeSwap, the 5% sell fee is added as a liquidity pair alongside Binance Coin (BNB). This may contribute to the cryptocurrency’s stabilisation by encouraging people to hold rather than sell, thereby lowering volatility. Additionally, it facilitates liquidity, which is necessary for any cryptocurrency to trade smoothly.
Crypto.com Coin (CRO)
Although Crypto.com’s (CRO) Coin did not garner the same level of attention as high-flying meme coins such as Shiba Inu (SHIB) and Dogecoin (DOGE) last year, it remained a top performer among cryptocurrencies in 2021.
Crypto.com Coin, which is backed by the same-named cryptocurrency exchange, increased 852% to $0.55, easily outperforming the largest cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). By November, Crypto.com Coin had risen nearly 2,000% year to date, nearly reaching $1 at a peak of $0.96, but a sell-off in the cryptocurrency markets at the end of the year dampened its annual return. Altcoins (basically any coin other than Bitcoin) has also continued to fall this year as rising interest rates deflate the asset bubble that grew during the pandemic.
However, at a current price of approximately $0.48, Crypto.com Coin is a viable candidate to reach the $1 mark in 2022.
Crypto.com Coin (CRO), the exchange’s native coin, is a versatile cryptocurrency designed for payment purposes. It includes a feature that enables businesses to accept the coin but receive payments in stablecoins or fiat currency, thereby removing the volatility risk associated with accepting cryptocurrency as payment.
As a coin created by Crypto.com, CRO’s future is almost certainly determined by Crypto.com, which has grown to become the ninth-largest cryptocurrency exchange in terms of trading volume. CRO provides users with a variety of benefits, including discounted trading on Crypto.com and the ability to earn 10% interest by staking the coin on the exchange, among other perks, such as obtaining a premium Visa card.
For More on Seesaw Protocol:
Do the sharing thingy
More info about author